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Term Life

Introduction

In today's uncertain world, protecting your loved ones financially is paramount. Term life insurance offers an affordable way to provide substantial coverage for a specific period. AXA Term Protector stands out as a flexible and comprehensive solution, designed to safeguard your family's future. With customizable options and affordable premiums starting from just 75 cents a day, this product ensures that your loved ones will be well taken care of in the event of unforeseen circumstances. Let's explore how AXA Term Protector can provide you with peace of mind and financial security.

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Coverage and Benefits

AXA Term Protector offers a range of comprehensive coverage options and benefits to ensure your loved ones are protected financially. From death benefits to critical illness coverage, this product is designed to provide support when you need it most. Let's delve into the key features that make AXA Term Protector a robust choice for your insurance needs.

Death Benefit

Lump Sum Payout: In the event of the insured's death, AXA Term Protector provides a lump sum payout of the sum assured to the beneficiaries. This benefit ensures that your loved ones are financially protected and can maintain their lifestyle.

Terminal Illness Coverage

Advance Payout: If diagnosed with a terminal illness, you'll receive an advance payout of the death benefit. This feature allows you to focus on treatment and quality of life without financial stress.

Total and Permanent Disability

Advance TPD Payout: In case of total and permanent disability, AXA Term Protector offers an advance payout of the sum assured. This benefit provides crucial financial support during a challenging time.

Critical Illness Protection

Optional Coverage: You can enhance your protection with the Critical Illness Plus Benefit rider. This provides a lump sum payment upon diagnosis of a covered critical illness, without affecting the main plan's benefits.

Policy Terms and Flexibility

AXA Term Protector offers remarkable flexibility to suit your unique needs and circumstances. From customizable coverage terms to renewal options, this product is designed to adapt to your changing life situations. Let's explore the various features that make AXA Term Protector a versatile choice for your insurance needs.

Flexible Coverage Terms

Customizable Protection: Choose from term-to-age coverage up to 50, 55, 60, 65, 70, 75, or 99 years old. Alternatively, opt for renewable coverage terms of 5, 10, 15, 20, 25, or 30 years.

Payment Options

Tailored Premiums: Select from regular pay options for the entire coverage term, or choose shorter premium payment periods of 15 or 20 years. Lump sum payments are available for 5, 10, or 15-year coverage periods.

Renewable Coverage

Extended Protection: Renewable term plans can be renewed up to age 75, with a maximum expiry age of 99 years. Premiums adjust based on the insured's age at renewal.

Convertibility Feature

Adaptable Policy: Convert your AXA Term Protector to another regular premium pure life protection policy before age 60, without additional medical underwriting. The sum assured remains the same upon conversion.

Multi-Currency Option

Global Protection: Choose your preferred currency for protection and premium payments from SGD, USD, EUR, GBP, or AUD, offering flexibility for diverse financial situations.

Real premiums suggested for AXA term protector

AgeWhat suggestion coversPremium
24, Female making
$4,200 a month
personal accident
$250,000
$626.21 annual
29, Female making
$4,166.667 a month
TPD
$1,000,000
death
$1,000,000
$481.1 annual
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Optional Riders

AXA Term Protector offers a range of optional riders to enhance your coverage and provide additional layers of protection. These riders allow you to customize your policy to address specific concerns and financial needs. Let's explore the various riders available to complement your AXA Term Protector policy.

Early Critical Illness Payout

Comprehensive Coverage: This rider provides an advance payout upon diagnosis of early-stage critical illnesses. It includes an additional 10% of the original sum assured (up to S$25,000) for special conditions or juvenile conditions.

Disability Cash Benefit

Ongoing Support: In the event of total and permanent disability, this rider provides an annual cash benefit to help manage ongoing expenses and maintain quality of life.

Personal Accident Benefit

Accidental Protection: This rider offers additional coverage for injuries or death due to accidents, providing an extra layer of financial security without affecting the main plan's benefits.

Guaranteed Survival Payout

Return of Premiums: Available for Term-to-age 99 plans, this rider reimburses the prevailing sum assured if you outlive the policy term. No medical underwriting is required, and issuance is guaranteed.

Indexation Option

Inflation Guard: This feature automatically increases your coverage annually in line with Singapore's Consumer Price Index or at a fixed 5% rate, whichever is higher. It ensures your protection keeps pace with rising costs.

Claims and Customer Service

While we are not directly affiliated with AXA, we understand the importance of efficient claims processing and responsive customer service. AXA provides multiple channels for filing claims and seeking support, including their customer care hotline at 1800 880 4888 (Singapore) or 65 6880 4888 (International). Customers can also reach out via email at [email protected]. For more detailed information on claims procedures or to access online services, visit AXA's official website at axa.com.sg. Remember to have your policy details ready when contacting AXA for a smoother experience.

Conclusion

AXA Term Protector offers a versatile and comprehensive solution for various insurance needs. It's particularly well-suited for young families seeking affordable, high-coverage protection, professionals looking for flexible term options, and individuals wanting to supplement their existing insurance portfolio. The product's adaptability and range of riders make it a strong contender for those seeking customizable life insurance coverage.
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